Press release
EBA publishes new report on major impact of EU regulatory developments on liquidity management
The Euro Banking Association (EBA) has released a new report examining the far-reaching implications of three key European regulatory initiatives for liquidity management across the financial sector: the Instant Payments Regulation (IPR), the proposed Payment Services Regulation (PSR), and the proposal for Payment Services Directive 3 (PSD3), an evolution of PSD2. Developed by the EBA…
Read MoreGet ready for OCT Inst!
The Euro Banking Association (EBA) and its Expert Group on Cross-Border Payments (EGXP) explain in a new white paper why OCT Inst is a promising approach and give payment service providers (PSPs) in Europe a handbook for how to get started with their own implementation. To meet the targets cost, speed, access and transparency set…
Read MoreFIDA: the catalyst for an open data economy? A practitioners’ view on the opportunities and challenges of the proposed Financial Data Access (FIDA) regulation
The Euro Banking Association (EBA) surveyed experts from financial institutions across more than 15 European countries to understand their views on the opportunities and challenges of the proposed FIDA regulation. In a report released today, the EBA shares the results and offers practical recommendations and frameworks to help market participants prepare for FIDA implementation. Read…
Read MoreEBA addresses challenges of VOP requirements
The Euro Banking Association (EBA) today issued a note zooming in on the challenges related to the implementation of Verification of Payee requirements under the Instant Payments Regulation, with particular emphasis on the implications for the processing of payment orders submitted in bulks, i.e. file formats, by payment service users.
Read MoreNew EBA report examines the impact of upcoming regulation on the liquidity management ecosystem
The Euro Banking Association (EBA) today announced the publication of a new report by its Liquidity Management Working Group (LMWG). “Navigating new waters: The ripple effects of regulation on liquidity management” addresses the changes that the EU’s application of Basel III, the third Capital Requirements Regulation (CRR III), will bring to today’s capital adequacy measures.
Read MoreImproving cross-border payments: Euro Banking Association survey helps PSPs determine next steps
The Euro Banking Association (EBA) today released the findings of the EBA survey on cross-border payments initiatives. The survey was developed by the EBA Expert Group on Cross-Border Payments (EGXP) and was conducted earlier this year. The EBA invited its member banks to provide feedback on two core aspects: the extent to which relevant industry…
Read MoreNew report by EBA explores future requirements for new forms of digital money with a focus on its use for corporate customers
The Euro Banking Association (EBA) today released a new report by its Digital Currencies & Smart Payments Working Group. “Re-inventing money: Considerations on future requirements for new forms of digital money” explores future requirements for new forms of digital money with a focus on its use for corporate customers. The report investigates how technological innovations…
Read MoreEuro Banking Association issues practitioners’ recommendations for euro instant payments requiring FX conversion
The Euro Banking Association (EBA) today released recommendations to help practitioners deal with Instant Payments Regulation requirements for euro instant payments involving a currency conversion. Driven by representatives of 18 account-servicing payment service providers (AS-PSPs) from 11 European countries, the recommendation note spells out how foreign exchange (FX) experts and other payment practitioners understand the regulation…
Read MoreEuro Banking Association publishes paper on navigating the path to embedded finance
The Euro Banking Association (EBA) today released a report on “Navigating the path to embedded finance”. The report is based on research by the EBA’s Open Finance Working Group (OFWG), which aims to provide guidance for EBA members to understand the fundamental mechanisms of embedded finance, grasp the opportunities it provides, identify promising embedded finance…
Read MoreEuro Banking Association issues updated version 5.0 of the EBA Fraud Taxonomy capturing latest trends in payment fraud
The Euro Banking Association (EBA) today issued version 5.0 of the EBA Fraud Taxonomy, which will take effect on 1 January 2025. The taxonomy offers a common pan-European vocabulary and categorisation approach to describe fraud scenarios related to all kinds of payments, including card transactions. It has been developed by the Association’s Expert Group on…
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